Observer News Service - February 26, 2016
NEW DELHI: India approved a $150 million project to develop the strategic Iranian port of Chabahar, which includes a transit route to Afghanistan bypassing Pakistan, a government statement said on Wednesday. New Delhi signed a multi-million-dollar memorandum of understanding with Tehran last May to develop the port on its southeastern coast, but the deal had […]
Observer News Service - February 26, 2016
The Indian economy is poised to grow at 7 to 7.75% in 2016-17, the government said in a guarded forecast on Friday in signs that it was looking to temper expectations hemmed in by uncertain global conditions. Inflation is expected to stay in a 4.5-5% range, according to the annual Economic Survey 2015-16 tabled in […]
Observer News Service - February 25, 2016
SRINAGAR: Divisional Commissioner Kashmir Dr. Asgar Hassan Samoon today distributed relief cheques among 400 flood affected traders from Srinagar and Bandipora districts. Speaking on the occasion Dr. Samoon informed that in a phased manner all flood affected traders will be compensated within the next ten days adding that in the initial phase only those […]
Observer News Service - February 25, 2016
JAMMU: The State Administrative Council (SAC) which met here today under the chairmanship of Governor, N N Vohra approved the extension of the local area of the Jammu Development Authority from 288 Sq Km to 652 Sq Km extending thereby the territorial limits of Jammu Development Authority (JDA) to include 103 new villages of Jammu […]
Observer News Service - February 25, 2016
JAMMU: Jammu and Kashmir Minerals Limited, a J&K Government Undertaking conducted auction of Rough Sapphire Corundum (RSC) at JawaharLal Nehru Udhyog Bhawan, Rail Head Complex, Jammu during which as many as 67 different lots of corundum sapphire were displayed for open auction by the bidders who had come from different parts of the […]
Observer News Service - February 25, 2016
ANANTNAG: The District Development Commissioner Anantnag, Muneer ul Islam chaired a meeting of Rural Development Department to review the implementation of various developmental schemes in the district. Expressing satisfaction over the progress achieved by the RD Department in the implementation of various developmental schemes like MGNREGA, IAY, watershed development, model villages and construction of Panchayat […]
Observer News Service - February 25, 2016
SRINAGAR: On the instructions of Divisional Commissioner Kashmir a market checking squad headed by Sub Divisional Magistrate Srinagar Syed Haneef Balkhi today conducted checking of various markets in Qamarwari area of Srinagar city. During the inspection, the squad inspected markets including fruit mandi Parimpora and destroyed rotten vegetables, fruits and other adulterated food items and […]
Observer News Service - February 25, 2016
NEW DELHI: Railway Minister Suresh Prabhu on Thursday desisted from raising fares and freight rates in his second budget but promised to cut cost and exploit new sources of revenue beyond tariff as he announced three new superfast trains and completion of three freight corridors by 2019. Presenting the Railway Budget for 2016-17 in Parliament, […]
Observer News Service - February 25, 2016
NEW DELHI :Asia’s oil markets are being upended as India’s and China’s refiners overtake once-dominant buyers like Japan and challenge the United States as the world’s biggest consumer. The shifts are not only establishing new trade routes but are also challenging the way oil is priced in the region as the new players push for […]
Observer News Service - February 23, 2016
BARAMULLA: A meeting of the Board of Directors of Central Cooperative Bank was held at Baramulla today under the chairmanship of Registrar Cooperative, Mushtaq Ahmad Shah. Additional Deputy Commissioner, Bashir Ahmad Khan, Joint Registrar Cooperative, Managing Director Cooperative Bank Baramulla and other concerned officers were present during the meeting. The meeting was informed that the […]